Q1 EPS Estimates for Phillips 66 Lowered by Zacks Research

Phillips 66 (NYSE:PSX) – Analysts at Zacks Research decreased their Q1 2025 earnings per share (EPS) estimates for Phillips 66 in a report issued on Wednesday, December 11th. Zacks Research analyst R. Department now expects that the oil and gas company will post earnings of $1.71 per share for the quarter, down from their previous estimate of $1.75. The consensus estimate for Phillips 66’s current full-year earnings is $7.56 per share. Zacks Research also issued estimates for Phillips 66’s Q2 2025 earnings at $2.97 EPS, Q4 2025 earnings at $2.27 EPS, FY2025 earnings at $9.66 EPS, Q1 2026 earnings at $3.41 EPS, Q2 2026 earnings at $3.70 EPS and FY2026 earnings at $13.85 EPS.

Phillips 66 (NYSE:PSX) last posted its quarterly earnings data on Tuesday, October 29th. The oil and gas company reported $2.04 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.41. Phillips 66 had a return on equity of 13.12% and a net margin of 2.24%. The business had revenue of $36.16 billion during the quarter, compared to analysts’ expectations of $36.31 billion. During the same quarter in the previous year, the firm earned $4.63 EPS. The firm’s revenue was down 10.3% compared to the same quarter last year.

Other equities research analysts also recently issued reports about the stock. Barclays dropped their price target on shares of Phillips 66 from $133.00 to $124.00 and set an “equal weight” rating for the company in a research note on Monday, November 11th. UBS Group cut their price target on shares of Phillips 66 from $150.00 to $138.00 and set a “buy” rating on the stock in a research report on Monday, November 4th. TD Cowen decreased their target price on Phillips 66 from $162.00 to $150.00 and set a “buy” rating on the stock in a research report on Wednesday, September 11th. Morgan Stanley reduced their price target on Phillips 66 from $150.00 to $144.00 and set an “equal weight” rating on the stock in a research report on Monday, September 16th. Finally, Piper Sandler set a $144.00 target price on Phillips 66 in a research note on Thursday, October 17th. Five research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $149.23.

Phillips 66 Trading Down 1.0 %

Shares of PSX stock opened at $122.72 on Friday. The firm has a 50-day moving average price of $129.86 and a 200 day moving average price of $133.85. The company has a quick ratio of 0.83, a current ratio of 1.21 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $50.68 billion, a P/E ratio of 15.75, a P/E/G ratio of 4.14 and a beta of 1.35. Phillips 66 has a 12-month low of $119.77 and a 12-month high of $174.08.

Phillips 66 Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Monday, November 18th were issued a $1.15 dividend. The ex-dividend date was Monday, November 18th. This represents a $4.60 dividend on an annualized basis and a yield of 3.75%. Phillips 66’s dividend payout ratio is presently 59.05%.

Institutional Trading of Phillips 66

A number of large investors have recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC purchased a new position in shares of Phillips 66 in the 2nd quarter worth approximately $26,000. nVerses Capital LLC bought a new stake in shares of Phillips 66 in the 3rd quarter worth about $26,000. Values First Advisors Inc. purchased a new position in shares of Phillips 66 during the 3rd quarter worth about $30,000. Kings Path Partners LLC purchased a new stake in Phillips 66 in the 2nd quarter worth about $38,000. Finally, Industrial Alliance Investment Management Inc. purchased a new position in shares of Phillips 66 during the second quarter valued at approximately $40,000. Institutional investors own 76.93% of the company’s stock.

About Phillips 66

Phillips 66 operates as an energy manufacturing and logistics company in the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market; provides terminaling and storage services for crude oil and refined petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based processing services; and gathers, processes, transports, and markets natural gas.